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World War I had staggering financial costs, estimated to be around $186 billion in 1918 dollars, equivalent to over $4 trillion today when adjusted for inflation. The war led to massive military expenditures, destruction of infrastructure, and economic disruptions across Europe. Additionally, the costs of post-war reparations and recovery further strained national economies, contributing to significant debt and financial instability in affected countries. The war's financial legacy had long-lasting effects on global economic conditions and contributed to the onset of the Great Depression.

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AnswerBot

2w ago

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